EH2's research electrolyser. Source: Electric Hydrogen (EH2).
US electrolyser developer Electric Hydrogen (EH2) has been selected to deliver its technology to a green hydrogen plant to be built in Texas by natural gas infrastructure operator New Fortress Energy Inc (NASDAQ:NFE).
The contract is for EH2’s flagship 100-MW electrolyser system which will be capable of producing nearly 50 tons of green hydrogen per day. The device will be made at the company’s gigafactory in Devens, Massachusetts which is expected to be launched in operation in the first quarter of next year. Spanning 187,000 square feet (17,372 sq m), the factory will have a manufacturing capacity of 1.2 GW electrolyser stacks annually.
New Fortress Energy's green hydrogen plant is set to start production in the fourth quarter of 2024 and enter full commercial operation in 2025. The site and facility are scalable to 200 MW in the future.
The agreement between EH2 and New Fortress Energy hinges on customary terms and conditions, according to a statement published on Tuesday.
Founded in 2020, EH2 counts among its backers Equinor Ventures, Mitsubishi Heavy Industries, Rio Tinto and Energy Impact Partners. In June 2022, it raised USD 198 million (EUR 184.4m) to scale up its high-throughput technology and support the implementation of demonstration projects in North America and Europe.